Stock Market Today (3:30 PM) — Tuesday, December 16th 2025

# Bullish traders unnerved as Nifty falls with a thud. Bank Nifty mirrors Nifty’s fall. Nifty Defence and Nifty Reality tanks 1.40% each. Massive profit booking blamed.

The long and short of Nifty’s drubbing indicates bulls are non-committed and waiting some big real positive trigger.

Benchmark Indices at 3:30 PM
NIFTY (-167, 25860)
SENSEX (-534, 84680)
BANK NIFTY (-427, 59035)

Nifty began the session on a cautious and nervous note, and the negative takeaway was that selling pressure persisted throughout the day, with the benchmark ending on a jittery and unstable footing.

The drubbing in Nifty can be attributed to two key factors:

1) Rupee weakness: The Indian rupee extended its losing streak for the fourth consecutive session, with USD/INR climbing toward 91.45, adding macro stress and dampening sentiment.

2) Relentless foreign outflows: Continued FII selling, amid lingering US–India trade frictions, further weighed on domestic equities.

Net-net: Currency pressure and foreign fund outflows kept risk appetite firmly in check.

Also blame part of pessimism to Wall Street which nosedived in Friday’s trade as the sharp fall reflected:

1) Overbought technical conditions.
2) Investors rush out of AI trade

Bottom-line: The bear was everywhere at Dalal Street.

# Adv-Dec 10—40
# INDIA VIX 10.13 (-1.17%)
# NIFTY PCR (23rd DEC) 0.68
# NIFTY PCR (30th DEC) 1.05
# USD/INR Futures (DEC) (+0.26%, 91.09)

# SECTOR GAINERS:
NIFTY CONSUMER DURABLES (+0.54%)
NIFTY MEDIA (+0.03%)

# SECTORS LOSERS
NIFTY REALTY (-1.29%)
NIFTY PVTBANK (-1.23%)
NIFTY FINANCIAL SERVICES (-0.85%)

# TODAY’S MARKET RE-CAP:
1) Nifty (-0.64%) fell for 2nd straight day and is now again below its psychological 26000 mark.

The negative takeaway was that Nifty slipped below its 21 DMA (26023) but is still above its 50 DMA (25789) and its 100 DMA (25314). Nifty’s 200 DMA at 24751 mark.

2) Bank Nifty (-0.72%) ended on a cautious note and way below the dotted lines. Bank Nifty’s all-time-high continue to be at 60,114.05 mark.

3) The market breadth (10:40) was in favour of the Bears.

4) Nifty Mid-cap (-0.83%) and Nifty Small-cap (-0.93%) also fell in tandem with major benchmarks.

5) Meanwhile, the benchmarks are now way below their recent new record highs:

26,325.80
Sensex: 86,159.02
Bank Nifty: 60,114.05

# STOCKS IN SPOTLIGHT:

1) Shares of Axis Bank slid 5.12% after reports suggested a delay in net interest margin (NIM) recovery, raising concerns over near-term earnings momentum amid higher funding costs and slower repricing of deposits.
(Source: Business Standard)

2) Eternal tumbled 4.67% on heavy volumes, hitting a 5-month low, as investors booked profits after a strong rally earlier this year and reassessed valuations amid regulatory and macro uncertainties.

Sentiment has further weakened after Blinkit CEO Albinder Dhindsa cautioned that India’s quick-commerce boom may be nearing a tipping point. The comments coincided with Swiggy’s ₹10,000-crore QIP launch, while rival Zepto has converted into a public company ahead of a planned IPO next year, intensifying competition and funding concerns in the space.

Notably, Zomato had raised ~₹8,500 crore via QIP in November last year at a floor price of ₹265.91 per share, while Swiggy’s QIP floor price is set at ₹390.51. Additionally, Eternal has infused ~₹600 crore into its quick-commerce vertical, highlighting the capital-intensive nature of the business, which is now under sharper investor scrutiny.

(Source: liveMint, Moneycontrol, business Standard)

# BULLS OF THE DAY:
BHARTIARTL (+1.70%)
TITAN (+1.65%)
TATACONSUM (+1.26%)
M&M (+0.58%)
BAJAJ AUTO (+0.55%)

# BEARS OF THE DAY:
AXISBANK (-5.12%)
ETERNAL (-4.67%)
JSWSTEEL (-2.66%)
HCLTECH (-1.91%)
TATASTEEL (-1.78%)

# Stocks scaling fresh 52-week high:
ASHOKLEY (CMP 167.27) 52-week high at ₹ 168.74
HINDZINC (CMP 566.85) 52-week high at ₹ 572.95)

52 week lows
PETRONET (CMP 264.40) 52 week low at 263.50
RECLTD (CMP 334.80) 52-week low at 334.80
SANOFI (CMP 4174.40) 52-week low at 4161.10

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